Sunday October 21, 6:45 AM
Alinghi rejects America's Cup proposal, says BMW Oracle
MADRID (Reuters) - Alinghi has rejected a proposal from BMW
Oracle to resolve their differences over the rules for the next
America's Cup and a court case will now go ahead on Monday, the
U.S. team said in a statement.
BMW Oracle, bankrolled by software mogul Larry Ellison, is
suing Alinghi over the rules which they say would give the
Swiss team an unfair advantage in the 33rd America's Cup due to
be sailed in Valencia in 2009.
Alinghi is owned by biotech billionaire Ernesto Bertarelli.
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